"Capital formation is shifting from the entrepreneur..." - Quote by Peter Drucker

“Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.”

“If you want to improve how you manage time - stop doing what doesn't need to be done!”

“Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures.”

“There is always plenty of capital for those who can create practical plans for using it”

“Labor is the superior of capital, and deserves much the higher consideration”

“An increase in the productivity of labour means nothing more than that the same capital creates the same value with less labour, or that less labour creates the same product with more capital.”

“The major fortunes in America have been made in land.”

“People should be more concerned with the return of their principal than the return on their principal.”

“... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.”